Tag Archives: Kiplinger’s Personal Finance

VA & MD – Which is the most tax-friendly state?

Kiplinger’s recently published an article with the best and worst states for retiree taxes.  Wyoming, Alaska, South Dakota, Mississippi, and Florida are the most tax-friendly states.  The least tax-friendly states are Minnesota, Connecticut, Kansas, Vermont and Nebraska.

I checked to see where Virginia and Maryland stand in the list.  Well, they are neither the worst nor the best, but somewhere in between.  Virginia comes out ahead of Maryland though due to less taxation of seniors.  Click on this link to find the chart.